Halifax home prices still on the way up
Posted Oct 10, 2013 09:48:47 AM.
This article is more than 5 years old.
Royal LePage says Halifax home prices are continuing to rise.
According to the Royal LePage House Price Survey released Thursday, year-over-year standard two-storey homes and condominiums posted price gains of 5.9 per cent, with the average two-storey home now selling for over $329,333. The average condo is selling for $214,000.
Detached bungalows saw a more modest increase of two per cent, selling at an average of $299,000.
Prices for single family homes on the Halifax peninsula are seeing the strongest growth.
Nationally, the average price of a home in Canada increased between 1.2 per cent and 4.1 per cent in the third quarter of this year.
According to the survey, St. John’s, Toronto, Winnipeg, Saskatoon and Calgary led the country in home price increases, while Vancouver posted year-over-year price gains across all three housing categories.
